BURLINGTON RESOURCES INC.
                            EARNINGS (LOSS) PER SHARE
                                  EXHIBIT 11.1
                                   (UNAUDITED)




                                                                                        SECOND QUARTER 
                                                                             1996                          1995    
                                                                  ---------------------------   ---------------------------
                                                                   Earnings       Shares          Earnings         Shares     
                                                                  ---------------------------   ---------------------------

                                                                       (Dollars in Millions, Except per Share Amounts)
                                                                                                        
Primary earnings (loss) per common share
   Net earnings (loss) available for common stock and
      weighted average number of common
      shares outstanding                                          $       48     125,847,741    $        2      126,564,350 
   Stock options assumed exercised - net                                   -         442,959             -          492,207 
                                                                  ----------     -----------    ----------      -----------

   Total net earnings (loss) and primary common shares            $       48     126,290,700    $        2      127,056,557 
                                                                  ==========     ===========    ==========      =========== 
                                                                 
                                                                  

   Primary earnings (loss) per common share                       $      .38                    $      .02               
                                                                  ==========                    ==========              
                                                                              

Fully diluted earnings (loss) per common share
   Net earnings (loss) available for common stock and
      weighted average number of common
      shares outstanding                                          $       48     125,847,741    $        2      126,564,350 
   Stock options assumed exercised - net                                   -         518,857             -          591,774 
                                                                  ----------     -----------    ----------      -----------

   Total net earnings (loss) and fully diluted common shares      $       48     126,366,598    $        2      127,156,124 
                                                                  ==========     ===========    ==========      =========== 
                                                                  

   Fully diluted earnings (loss) per common share                 $      .38                    $      .02               
                                                                  ==========                    ==========               


 


                                                                                         SIX MONTHS
                                                                  ---------------------------------------------------------
                                                                             1996                          1995                     
                                                                  ---------------------------   ---------------------------
               
                                                                   Earnings       Shares            Loss           Shares
                                                                  ---------------------------   --------------------------- 
                                      
                                                                       (Dollars in Millions, Except per Share Amounts)
                                                                                                        
Primary earnings (loss) per common share                                
   Net earnings (loss) available for common stock and                   
      weighted average number of common                                 
      shares outstanding                                          $       86     126,089,794    $       (3)     126,537,339    
   Stock options assumed exercised - net                                   -         464,492             -          512,395
                                                                  ----------     -----------    ----------      -----------
                                                                                                                           
   Total net earnings (loss) and primary common shares            $       86     126,554,286    $       (3)     127,049,734
                                                                  ==========     ===========    ==========      ===========
                                                                                                                           
                                                                                                                           
   Primary earnings (loss) per common share                       $      .68                    $     (.02)                
                                                                  ==========                    ==========                 
                                                                                                                           
                                                                                                                           
Fully diluted earnings (loss) per common share                         
   Net earnings (loss) available for common stock and                        
      weighted average number of common                              
      shares outstanding                                          $       86     126,089,794    $       (3)     126,537,339   
   Stock options assumed exercised - net                                   -         703,938             -          512,395
                                                                  ----------     -----------    ----------      -----------
                                                                                                                           
                                                                                                                           
   Total net earnings (loss) and fully diluted common shares      $       86     126,793,732    $       (3)     127,049,734
                                                                  ==========     ===========    ==========      ===========
                                                                                                                           
                                                                                                                           
   Fully diluted earnings (loss) per common share                 $      .68                    $     (.02)                
                                                                  ==========                    ==========                 
                                                                             

                                      -12-